Lenmo is a lending platform that connects people looking to borrow money with financial institutions, lending businesses and individual investors looking to invest in the small amount loan market.

Looking to make some money? You don’t need to be a financial expert - making investment decisions is easy through the app.

Need to borrow some cash? Look no further. You can now borrow money under terms that work for you.

As an investor, you can:
- Diversify your portfolio in a market with low volatility
- Easily select investments that suit the level of risk you’re comfortable with
- Enjoy withdrawing your earnings at no cost

As a borrower, you can:
- Get money in just a few clicks
- Request a loan without impacting your credit score
- Choose a loan with your own payback terms

What’s New

Version 2.6

We regularly make updates to ensure the best possible user experience. Here are a few of the latest features and enhancements:

- As part of our enhanced identity verification process, users are now required to scan the barcode on the back of their photo ID and provide a real-time selfie to compare to their photo ID.
- Investors can now make higher returns by offering a higher APR.
- Bug fixes

Have a question or idea? Email us at

Ratings and Reviews

3.1 out of 5
904 Ratings

904 Ratings

jerizin1208 ,

Good start but needs refinement

I like Lenmo in general, it is relatively easy to use and I’ve been using it for a few months successfully. I’ve funded and had repaid several loans. However I often have errors with the app and customer service is not super responsive- it often takes days to have issues resolved. I also wish the app had a way to keep track of transaction history. For example being able to see when your lenmo account is funded, when and how much is paid out, when and how much is refunded. It will give notifications when a loan is funded and repaid but I would like something more like the transaction record of a bank account where I can the deposits and withdrawals. Also recently I didn’t receive notification of a repayment until a week after it was due- I don’t know if payment was late or lenmo was delayed in showing the notification- I would like to know so that I know whether I should be following up with lenmo about receiving my half of a late payment fee. I wish Lenmo was more transparent about where your money is and what is happening. When payments are late- are they collecting a late fee, are they making other attempts to collect, have debts been sent to collections, breaking down what’s been paid and when, keeping a running account balance. I expect these issues stem from the youth of the app, that improvements will come as the app becomes more established. I will need to take a break until current issues are resolved but I hope to be back. 🤞

Developer Response ,

Hi jerizin1208, thank you for taking the time to provide your feedback. Adding the transaction history is something we are looking to implement in the near future. We have started to make improvements to the transparency of payment status. In the meantime, if you are still unsure about the status of a payment, please email

ProundMomtoBKAMJ ,

Suggestion - Please allow loan requests submitted to be modified or cancelled

Please allow an additional loan to be requested if an offer expires instead of waiting 30 days. I had an offer but didn’t see it in time within the 48 hours and missed the opportunity (my Mom was in the hospital so I wasn’t paying attention to my phone or my offers). I would like the ability to request a new loan of an offer expired prior to 30 days or refresh my current loan to get an offer. This app has so much potential. Please consider these updates to make this a positive experience!
Good afternoon! I enjoy using this app! I have one suggestion. Please allow a loan requested to be modified or cancelled so a new loan request can be submitted. The reason is if I submit a loan request that isn’t receiving any offers I may want to change the terms of the number of months to a lower number to pay the loan off more quickly and to attract potential lenders. This would be a significant improvement to the loan request process. Right now the app says I can’t cancel an existing loan request until I have one offer but I’d like to cancel it or modify it to change and lower the number of months I initially submitted to pay back the loan. Thank you!

Developer Response ,

Hi ProundMomtoBKAMJ, thank you for the review! We appreciate the feedback and have shared it with our team. If you have any other ideas or feedback, please email us at

merk240 ,

Actually works

I downloaded this app because I was considering taking out a loan for financial reasons. I first requested a loan then asked myself if this is actually legit so I went on the apps page and come to find majority of the reviews 1 star, most of them stating how it took too long, or how the customer service was bad. That wasn’t the case with my loan! 6 days ago I requested a loan and yesterday I got a notification stating my loan was fully deposited, as I check my bank account I noticed nothing was different... okay.. so I then write an email to the Lenmo team and they responded within 3 hours! Stating my lenders transaction was successfully initiated and it will only take 1-2 more days. And come today! It came in. I see at first when this app launched, yes it had problems but it’s apparent with the service I’ve received that they may have fixed a lot of those problems. Highly recommend.. was better and easier than applying for a loan at a branch.

Developer Response ,

Glad you had a good experience using Lenmo! Thank you for the feedback - we appreciate it!


Lenmo Inc.
85.4 MB

Requires iOS 9.2 or later. Compatible with iPhone, iPad, and iPod touch.



Age Rating
You must be at least 17 years old to download this app.
Unrestricted Web Access
© Lenmo Inc.


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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